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Capitalism for Good: Kensington Avenue Storefront Challenge

Roxanne Patel Shepelavy

April 10, 2018 |

The Philadelphia Citizen |

Text |

800-1500 Words

Response Location: United States, Philadelphia, Pennsylvania

Shift Capital, a mission-driven real estate group in Philadelphia, tried a new tactic to bring business back to an old neighborhood. The Kensington Avenue Storefront Challenge asked businesses to apply for open storefront space as well as funding, and nine winners were selected based on financial viability and ability to impact the community. This form of development aims to fight gentrification in an inclusive way.

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How to bring a high street back from the dead

Kevin Rushby

March 29, 2018 |

The Guardian |

Multi-Media |

1500-3000 Words

Response Location: United Kingdom, York

Revive local high streets by creating informal spaces for people to linger. That’s the lesson from Bishopthorpe Road in York. Once barely hanging on, Bishy Road’s fortunes changed when shopkeepers decided to band together, close off the road, and host a street party. Thousands of people showed up. The shops have continued to build spaces for people to relax and hang out, and the high street is now voted one of Britain’s best.

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Rural Montana summer fairs worth the weight shouldered by civic groups

Seaborn Larson

March 19, 2018 |

Great Falls Tribune |

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1500-3000 Words

Response Location: United States, Choteau, Montana

Small towns along the Rocky Mountain Front in Montana have a history of putting on summer festivals to attract locals and tourists alike and to earn funds to benefit their communities. As the festivals now face challenges, such as aging populations, locals are coming up with creative solutions. Whether promoting younger community members or finding corporate sponsors, these small towns will work to ensure their communities survive.

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Tech startup formula finds spark in a changing Montgomery

Brad Harper

March 13, 2018 |

The Montgomery Advertiser |

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Under 800 Words

Response Location: United States, Montgomery, Alabama

Tech classes in Montgomery, Alabama are targeting unlikely entrepreneurs, including local lawyers and artists who want to learn entrepreneurial skills to help their own sales and services. Taking place as CoWerx46, a co-working space, the series of tech classes is free for the time being due to business sponsorships who support the goals of the program.

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A way out of Bozeman's shadow

Katheryn Houghton Lewis Kendall

February 11, 2018 |

Bozeman Daily Chronicle |

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1500-3000 Words

Response Location: United States, Belgrade, Montana

Belgrade, Montana, a city 12 miles outside of Bozeman, uses creative financing and revitalization to ensure its identity remains independent from its rapidly growing and ever-popular adjacent city. While many residents of Belgrade work in Bozeman, the city has developed "tax-based renewal strategies" and restaurant liquor license regulations to ensure Belgrade stays on the map.

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When a town wants to grow — but not too quickly

Lewis Kendall

February 08, 2018 |

Bozeman Daily Chronicle |

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Over 3000 Words

Response Location: United States, Three Forks, Montana

The town of Three Forks, Montana has managed to grow at a steady, manageable pace, relying on multiple economic drivers to keep the community afloat while other towns nearby have suffered from over-reliance on the coal and railroad industries. Town leaders learned from the downfall of the railroad boom, investing in businesses processing cement, wheat, and more to maintain economic diversification.

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In 2011 Preston hit rock bottom. Then it took back control

Aditya Chakrabortty

January 31, 2018 |

The Guardian |

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1500-3000 Words

Response Location: United Kingdom, Preston

In 2011, when a huge plan for a sprawling shopping mall halted after the financial crisis, Preston’s future looked bleak. That is, until Matthew Brown, a local government leader, decided to spend money locally, an idea that drastically reshaped the city’s economy. The city council “ adopted a guerrilla localism,” and it paid off. By changing procurement practices and business methods, Preston has become a model for how to turn around a failing city.

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How Preston took back control

Aditya Chakrabortty

January 31, 2018 |

The Guardian |

Podcast |

Over 15 Minutes

Response Location: England, Preston

The city of Preston, northern England, models a new local procurement plan after an initiative in Cleveland, Ohio that keeps money spent by large community institutions, like hospitals and schools, within the local economy. By focusing the chain of supply and demand within the community through co-ops and credit unions, the city of Preston saved £75m that goes back into the local economy.

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Home at the Headwaters: After recovering from the loss of its founding industry, Three Forks looks to continue bucking the trend of small town Montana

Lewis Kendall

January 28, 2018 |

Bozeman Daily Chronicle |

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Under 800 Words

Response Location: United States, Three Forks, Montana

Unlike many other small Montana towns, the community of Three Forks has managed to humbly thrive by investing in several economic drivers rather than rely solely on the railroad as its only large employer. With booming talc and cement plants as well as new entrepreneurial spirit, Three Forks remains steady and continues to renovate for tourists and town-folk alike.

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How This Southern City Is Becoming a Mecca for Startups

Nick Fouriezos

January 17, 2018 |

OZY |

Multi-Media |

800-1500 Words

Response Location: United States, Birmingham, Alabama

The South has not historically been known as a place to work in a tech startup, but Birmingham is changing that perception. Now, venture capitalists, a local university, and the government are pouring funding into high growth companies in Alabama, knowing the money will last longer in Birmingham than in a coastal city like New York or San Francisco. As startups are helping the city grow, talent is beginning to follow.

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